By Catherine
13 Years After Leaving Treasury, Rubin Says He Has Too Many Dollars
By Nina Mehta
New York — Robert Rubin, who as U.S. Treasury secretary in the 1990s promoted a stronger dollar, said he has too much of his personal investments in the currency.
A “disproportionat…
Apple Patent Paves Way for Next iPhone to Be an iWallet
Apple Inc. (AAPL) stock for last 5 years
[click on the image for a larger version]
[CAF Note: Beware a digital currency in a closed system like Apple. Trojan horse possibilities here. Time to head…
US Military Unveils Ray Beam as Latest Non-lethal Weapon
Quantico Us Marine Corps Base, Virginia
By Staff Writers
A sensation of unbearable, sudden heat seems to come out of nowhere — this wave, a strong electromagnetic beam, is the latest non-lethal we…
Congress vs. Executive Branch: War Powers Spat
Continue reading the article . . .
The Face of Gold and Silver Price Volatility
By: Jeff_Clark
Jeff Clark, Casey Research writes: On February 29, gold dropped 4.8% and silver 6.2% (based on London fix prices). That’s quite the fall for one day. We’ve seen prices that have ris…
Assange: Facebook, Google, Yahoo are Spying Tools
JULIAN ASSANGE RT EXCLUSIVE – FULL INTERVIEW (PART 1 of 2)
He famously warns that social media and in particularly Facebook, Google, Yahoo are among the greatest spy machines ever invented. Once ag…
Pols Fear ‘SOPA Backlash’
By Kim Hart
In the wake of the Internet blackout that led to the dramatic death of two controversial online piracy bills, a new warning has entered the Hill vernacular: “Don’t get SOPA’d.”
…
Great Things A-Happenin
By Katey Culver
Hello friends and family,
As many of you know I have been involved in 2 lawsuits against the State of TN with the Green Party of TN. Our first lawsuit took 3 years and ended in a W…
A Solar Storm Is A Bad Omen For Stocks
[click on the image for a larger version]
By Sam Ro
Continue reading the article . . .
Related reading:
Space Weather Alerts and Warnings Timeline
NOAA /Space Weather Prediction Center
USDA to Give Speedy Approval to New GE Crops
By Jenna Blumenfeld
Lately it seems like non-GMO supporters simply can’t catch a break.
In the wake of an unsuccessful lawsuit between the Organic Seed Growers and Monsanto Co., and news that B…
Bluebird
By Catherine Austin Fitts
I am leaving Los Angeles for Ojai today.
A blue jay has been appearing in the back yard. My friend Nina says she has never seen one in her garden before. She says the blu…
Kucinich’s Politics Career Defined by Adversity
By Heidi Przybyla
Representative Dennis Kucinich’s exit from Congress is among many setbacks defining his 42-year political career, dating to the 1978 attempt to recall him as the “boy mayor”…
Special Ops: Engineering the Slow Burn
By Steven Aftergood
U.S. special operations forces are engaged in “more than 100 countries worldwide,” said Adm. William H. McRaven, commander of U.S. Special Operations Command (SOCOM), in tes…
Tornadoes Kill at Least 39 in Five States
March 3, 2012, in Henryville, Ind.
Photo by Scott Olson/Getty Images.
By Daniel Politi and Abby Ohlheiser
Angel Babcock, the 15-month-old found alive in an Indiana field, died on Sunday, bringing t…
This Country Defaulted, And Now It Has One Of The Healthiest Public Sectors In The World
By Joe Weisenthal
[click on the image for a larger version]
Continue reading the article . . .
NY Times Lets Walker Todd Denounce Fed For Coddling Big Banks
By Gretchen Morgenson
Stop your bellyaching.
That was the message delivered last Thursday to Americans who today make almost nothing on the savings in their bank accounts.
It came from Sarah Bloom…
Mortgage-free, Tiny Home on a Housekeeper’s Salary
Uploaded By kirstendirksen
Tornadoes Hit Homes, Schools Across U.S. Midwest, South, Killing 15 People
By Brian K. Sullivan and Lynn Doan
Dozens of unusually strong tornadoes cut a path across five states in the U.S. Midwest and South, smashing houses and damaging schools. A least 15 people were ki…
Oceans
“I have a feeling that my boat, has struck, down there in the depths, against a great thing. . .
–nothing happens?
Or has everything happened, and are we standing now, quietly, in the new life?…
Morgan Stanley Details Effect of Possible Downgrade
Source : Reuters
Morgan Stanley said it will have to post another USD 6.52 billion in collateral to counterparties and clearinghouses if Moody’s follows through on a warning that it might cut the Wa…
Super-powerful Rail Gun in Development for U.S. Navy Warships
By Brock Vergakis
A super-powerful gun that shoots rounds more than 160 kilometres away — at several times the speed of sound — is being developed for Navy warships.
Subscriber Question Regarding Home Refinancing Option
Hi Catherine
I’m a home owner in California. My wife and I are trying to refinance our house. Since the housing market has collapse right after we have purchased our home, the value has gone down…
Seattle to Create Nation’s First Public Food Forest
In the heart of Seattle, a public park is planned like no other: an urban food forest that is free for the plucking!
By Michael Ricciardi
Due to its mild temperatures and routinely wet climate, Seat…
Windows on The iPad, and Speedy
[CAF Note: Your data is in the clouds. NO PRIVACY! Good luck with this…]
By David Pogue
You’re probably paying something like $60 a month for high-speed Internet. I’m paying $5 a month, and …
Why Doctors Die Differently
By Ken Murray
Years ago, Charlie, a highly respected orthopedist and a mentor of mine, found a lump in his stomach. It was diagnosed as pancreatic cancer by one of the best surgeons in the country,…
Wyoming House Advances Doomsday Bill
By Jeremy Pelzer
Cheyenne — State representatives on Friday advanced legislation to launch a study into what Wyoming should do in the event of a complete economic or political collapse in the Uni…
The ECB Has Opened Pandora’s Box
By Tyler Durden
“…they [ECB] can exempt themselves from a “collective action clause” then they can exempt themselves from any clause, in any sovereign indenture, for any European country. The fact …
Catherine Hosts Thrive Showing in Ojai, CA – 3.10.12
Join us for a special showing of the documentaryTHRIVE – What on Earth Will It Take?
SATURDAY, MARCH 10, 4:00PM at the Ojai Playhouse Theater, 145 E. Ojai Avenue, Ojai, CA 93023 and organic dinner …
Software Startups Reaped Lions Share of Venture Capital Investment in Fourth Quarter
By Peter Delevett
Maybe they should start calling it Software Valley.
Venture capitalists, who provide much of the funding that keeps startups growing, poured twice as much money into software comp…
Hidden “Agent Orange” Chemical They Want to Sneak into Your Food
By Dr. Mercola
Agent Orange, produced by both Monsanto and Dow Chemicals, was used to defoliate jungles during the Vietnam War.
During that time, millions of gallons of the toxic chemical mixture we…
Evidence of Market Manipulation in The Financial Crisis
* The Solari Gold Star signifies a “must read” article.
“When 100 million shares are borrowed on a single day and then returned on a single day, the evidence that this is a concerted action is hard…
Harvard Creates Mass Produced Robotic Insects
By Staff Writers
A new technique inspired by elegant pop-up books and origami will soon allow clones of robotic insects to be mass-produced by the sheet. Devised by engineers at Harvard, the ingeni…
Girl Severely Injured at NY Private School
By Jenny Anderson
More than three months after a 14-year-old girl was kicked in the head and severely injured by fellow students at the Brearley School’s Halloween event, the school has concluded…
Global Clearinghouse Ready to Shut Out Iranian Banks
Image Credit: Bloomberg
Move would sever regime’s financial lifeline
By Gulf News
Brussels: A financial clearinghouse used by virtually every country and major corporation in the world agreed on F…
Test Tube Hamburgers to be Served This Year
Photo: PA
The world’s first test tube hamburger will be served up this October after scientists perfected the art of growing beef in the lab.
By Nick Collins
By generating strips of meat from stem…
Italian Police Seize $6 trillion of “Fake” U.S. T-bonds
That always could be a pretty good way of liquidating the national debt — repudiate the bonds as forgeries.
– Chris Powell
Potenza, Italy — Italian police said toay they had seized about $6 trilli…
FHA Pronounces Budget Problems Gone, Thanks to Foreclosure Fraud Settlement
By: David Dayen
The Administration’s FY 2013 budget predicts a large shortfall for the Federal Housing Administration, which has predictably suffered during the housing crisis. But the FHA’s Acti…
Hacking Star Fleet Command Records
From Wikipedia
Gary McKinnon (born 10 February 1966) is a Scottish systems administrator and hacker who has been accused of what one U.S. prosecutor claims is the “biggest military computer hack …
CME Said to Bid for London Metal Exchange as NYSE Explores Possible Offer
By Matthew Leising and Agnieszka Troszkiewicz
CME Group Inc. (CME) has made a bid for the London Metal Exchange as the world’s largest metals futures market plans a meeting next week to consider …
Is Agriculture Sucking Fresh Water Dry?
By Sid Perkins
The average American uses enough water each year to fill an Olympic-sized swimming pool, and global agriculture consumes a whopping 92% of all fresh water used annually. Those are th…
Trustee’s Summary of What Happened at MF Global
News Release
February 8, 2012
STATUS UPDATE FROM THE OFFICE OF JAMES W. GIDDENS, TRUSTEE FOR THE LIQUIDATION OF MF GLOBAL INC., CONCERNING THE TRUSTEE’S INVESTIGATION
HIGHLIGHTS
Trustee’s summary…
National Settlement Executive Summary
My comments on settlement summary
Carolyn A. Betts
Click to read notes
Related reading:
Settlement Executive Summary (PDF)
atg.wa.gov
National Mortgage Settlement: Bank Forecloses Even As Carri…
‘Cash Mobs’: Flash Mobs go to Bat for Small Local Businesses
By msnbc.com staff and NBC News
Emery’s 5 & 10 is believed to be oldest family-owned five-and-dime store in the U.S. But the store is struggling, the victim — like its neighboring businesses — of…
You are American, I am Iranian…
Related reading:
Marjane Satrapi
Wikipedia
Marjane Satrapi – Books
The Guardian
Book LIst
Random House
You may post questions or comments for Catherine at the bottom of this blog post (click…
Government Benefits Map
The share of Americans’ income that comes from government benefit programs, like Medicare, Medicaid and Social Security, more than doubled over the last four decades, rising from 8 percent in 1969 t…
Willie Nelson and 300,000 Other Activists Sue Monsanto
Singer, songwriter and American poet Willie Nelson.
By Jane Ayers, Nation of Change
Little did Willie Nelson know when he recorded “Crazy” years ago just how crazy it would become for our cherished …
Greece Won’t See a Cent of the Great Bail-out
Here was the real face of the Greek people: workers and students, …
By Andrew Lilico
Over the weekend, the Greek parliament voted to accept Europe’s latest demands for spending cuts and tax rise…
The Hit Worked! US Financials Gain Market Share
By Robert Friedman, William Ahearn
With assistance from Elena Logutenkova in Zurich.
The biggest U.S. banks captured the highest share of global trading revenue in at least two years as their count…
More Doctors ‘Fire’ Vaccine Refusers
Dr. Allan LaReau in Michigan stops treating families who refuse to vaccinate their children. ‘You feel badly about losing a nice family,’ he says.
By Shirley S. Wang
Pediatricians fed up with parent…
You Do Not Know Them
By LJ Goes
I just put my son Noah to bed. His brother and sister went into his room and showered him with kisses. Then I tucked him in. It went like this.
Me: Good Night Buddy, I love you.
Noah…
Seen Driving Into Palm Springs This Weekend
[click on the image for a larger version]
You may post questions or comments for Catherine at the bottom of this blog post (click on blog post title above, this will take you to the page to view…
Start-Ups Look for a Shortcut From Farm to Table
By Jessica E. Vascellaro
Silicon Valley start-ups are trying to re-create the milkman.
A host of new tech companies are creating ways to buy food directly from local food producers, cutting out gr…
The “Hit” Campaign on the US Constitution Continues
By Noah Feldman
U.S. Supreme Court Justice Felix Frankfurter had a close shave with public embarrassment recently — which might seem impossible for a man who has been dead for almost 33 years.
H…
Obama Uses Budget to Set Election-Year Priorities
By Jackie Calmes
Washington — President Obama’s final budget request of his term amounts to his agenda for a desired second term, with tax increases on the affluent and cuts in spending, especi…
Feds Shut Down Amish Farm for Selling Fresh Milk
By Stephen Dinan
“I can’t believe in 2012 the federal government is raiding Amish farmers at gunpoint all over a basic human right to eat natural food,” said one, who asked not to be named but who …
Missing Settlement Document Raises Doubts on $25B Deal
By Jeff Horwitz and Kate Davidson
More than a day after the announcement of a mammoth national mortgage servicing settlement, the actual terms of the deal still aren’t public. The website created f…
US Bases Surrounding Iran
[click on the image for a larger version]
Each star is a US base…
Continue reading the article . . .
Whitney Houston: 1963-2012
The Daily News looks back at her remarkable life and career. Here, she performs at Madison Square Garden on September 1987.
Related reading:
Whitney Houston
Wikipedia
Whitney Houston – I Will Alw…
Greek Police Union Wants to Arrest EU/IMF Officials
By Reuters
Greece’s largest police union has threatened to issue arrest warrants for officials from the country’s European Union and International Monetary Fund lenders for demanding deeply unpopul…
Why Is Gasoline Consumption Tanking?
By Charles Hugh Smith
Gasoline deliveries reflect recession and growth. The recent drop in retail gasoline deliveries is signalling a sharp contraction ahead.
Mish recently posted some intriguing ch…
Final National Bank Foreclosure Fraud Settlement
By Carolyn A. Betts, Esq.
Who Is Participating
By now you have heard that the attorneys general of all US states, save Oklahoma, have entered into a national federal/state settlement with the follo…
Critics Slam SSL Authority for Minting Certificate for Impersonating Sites
A subordinate certifcate issued by Trustwave was used to monitor people accessing SSL-protected services on a customer’s internal network
By Dan Goodin
The so-called subordinate root certificate all…
Precious Metals Market Report – 2.9.12
Listen to the MP3 audio file
The Solari Report 2012-02-09
Download the MP3 audio file
Audio
Read the transcript
Transcript of the Feb 9, 2012 Precious Metals Market R…
President Obama Banks at JP Morgan Chase Private Banking
Barack Obama (D-Ill)
Net Worth: From $2,802,012 to $11,830,000
Assets: 8 totaling $2,802,012 to $11,830,000
Income: 5 totaling $358,334
Personal finance profiles of …
Looks Like Romney Banks at Bank of America
Personal finance profiles of recent years view here.
Bank of America page 71
Willard M. Romney – 2011 Tax Return
Related reading:
Wall Street Investing in Romney
The Washington Post (20 July 11…
Madigan, Federal Government & State Attorneys General Secure $25 Billion Settlement With Nation’s Five Largest Banks
Washington — Attorney General Lisa Madigan today joined with her counterparts in other states and the federal government to announce a $25 billion settlement with the nation’s five largest bank …
City Of Berkeley Plans To Pull $300M Out Of Wells Fargo
By Beth Buczynski
In what may be the most damaging blow to Big Banks since the overwhelming success of Bank Transfer Day in late 2011, the City of Berkeley recently announced its intention to withd…
Treasury Backs Annuities in Retirement Plans
By Mary Beth Franklin
American retirement security now ranks as a top concern of the White House, right up there with unemployment and the federal budget deficit. In a joint announcement Thursday, …
The Insiders Are Selling Heavily
By Mark Hulbert
CHAPEL HILL, N.C. (MarketWatch) — Corporate insiders are now selling their companies’ stock at a rate not seen since late last July.
That’s a scary parallel indeed, since that …
U.S. Sets Money-Market Plan
YouTube
The SEC aims to stabilize the $2.7 trillion money-market fund industry, but critics say rules would cut returns, Andrew Ackerman reports on Markets Hub.
By Andrew Ackerman and Kirsten Grin…
Woman’s Jaw Reproduced by 3D Printer
(Credit: LayerWise)
The transplant demonstrates that precision 3D printing can be effective for both bones and organ implants.
By Martin Lamonica
An elderly woman has received a replacement titani…
Every Shut Eye Ain’t Sleep, Every Goodbye Ain’t Gone
By Pastor/Minister William Wilmore, Jr.
My sisters and brothers… the title of this sermon is borrowed from the rich colloquial legacy of the African American experience. It’s one of those hidd…
The Baltic Dry Index
[click on the image for a larger version]
By Bloomberg
Continue reading the article . . .
‘We the People’ Loses Appeal With People Around the World
By Adam Liptak
Washington — The Constitution has seen better days.
Sure, it is the nation’s founding document and sacred text. And it is the oldest written national constitution still in force…
Facebook Is Using You
By Lori Andrews
Last week, Facebook filed documents with the government that will allow it to sell shares of stock to the public. It is estimated to be worth at least $75 billion. But unlike other …
A Place For Conversation
By Diane Lorence
The following photographs are of our home in the mountains of northern California. The house was designed by my husband, Michael Anthony Lorence, who is a private confidant to peop…
The Numbers Are In: Find Out Just How Many Americans Have Ditched Their Banks
By Mandi Woodruff
Finally, we’ve got some cold, hard stats on how badly banks are hurting from November’s Bank Transfer Day movement.
A new report by Javelin Strategy & Research estimates a st…
U.S. Indicts Wegelin Bank
View Indictment
By Lynnley Browning
The United States indicted Wegelin, the oldest Swiss private bank, on charges that it enabled wealthy Americans to evade taxes on at least $1.2 billion hidden in …
Panetta Believes Israel May Strike Iran This Spring
By The Telegraph
United States Defense Secretary Leon Panetta believes there is a growing possibility Israel will attack Iran as early as April to stop Tehran from building a nuclear bomb, accordin…
Animal Enterprise Terrorism Act Threatens Activism
(photo: Advocacy for Animals – Britannica)
By Will Potter, Jurist
A recent undercover investigation into one of the nation’s largest egg producers, Sparboe Farms, documented hens mangled in cage wi…
A Culture of $20 Scams
By Catherine Austin Fitts
At Solari, we watch our vendor and financial accounts like a hawk. We find it is the only way to stop a contagion of mistakes, frauds and scams that just keep growing throug…
Facebook Set to File For $5 Billion IPO
The “lead left” bank leads the IPO underwriting process — its name in the upper-left-hand corner of the actual prospectus — and typically receives higher fees than the other banks in the syn…
Obama Approval Above 50% in 10 States and D.C. in 2011
By Jeffrey M. Jones
In 10 states plus the District of Columbia, a majority of residents approved of the job Barack Obama was doing as president last year, according to aggregated data from 2011. His …
$10 billion Deutsche Boerse, NYSE Merger Blocked
By Yahoo Finance
The European Union on Wednesday blocked the Deutsche Boerse’s planned merger with NYSE Euronext, a $10 billion deal that would have created the world’s largest financial exchange ope…
CBO Report – OMG!
By Bruce Krasting
The Congressional Budget Office (CBO) is out with its annual report. It’s a blockbuster. This 165 page monster is filled with dozens of charts, graphs and detailed projections…
Loans to Chilean Entrepreneurs
Having received another repayment, I just made my next loan at Kiva.org to a group of entrepreneurs in Padre de las Casas a community in southern Chile.
In this Group: Cristina, Sandra…
Catherine in the Rogue Valley
Photo by M. Baraka
Catherine will report on her events in Oregon on this week’s Solari Report.
Related reaing:
Catherine Austin Fitts In Your Neighborhood
(28 Jan 12)
Solari Report Blog Commentar…
The Coming Tech-led Boom
Three breakthroughs are poised to transform this century as much as telephony and electricity did the last.
By Mark P. Mills and Julio M. Ottino
In January 1912, the United States emerged from a t…
Wegelin Clients Pulled $4 bln, Prompting Sale-paper
By Reuters
Clients pulled some 4 bln Sfr of wealth in short time
Ex-UBS CEO Gruebel: More US attacks on Swiss banks likely
Gruebel: Solution to US tax row will likely …
Audit: U.S. Defense Department Can’t Account for Billions for Iraq
By CNN’s Josh Levs
The U.S. Defense Department cannot account for about $2 billion it was given to cover Iraq-related expenses and is not providing Iraq with a complete list of U.S.-funded reconstru…
Money From MF Global Feared Gone
By Scott Patterson and Aaron Lucchetti
Nearly three months after MF Global Holdings Ltd. collapsed, officials hunting for an estimated $1.2 billion in missing customer money increasingly believe th…
This Is Europe’s Scariest Chart
Youth Unemployment Across Europe %
[click on the image for a larger version]
Continue reading the article . . .
Core Economic Growth Slowed Sharply In Q4
By Joe Weisenthal
[click on the image for a larger version]
Continue reading the article . . .
Greek Researchers Show Crucial Regions of the Brain Related to Learning, Memory, Alzheimer’s Impacted by Whole Body EMF Exposure in Animals
By Emily
A Greek scientific study led by Adamantia Fragopoulou and Lukas Margaritis has demonstrated important protein changes in the brain of animals following whole body exposure to RF electromag…
Planning For Failure – Strategies to Protect Yourself in 2012
Strategic initiatives to protect yourself from security breaches
By Rick Holland
Last week I did a webcast, Planning for Failure, which makes the assumption that if you haven’t been breached, it i…
The Summers Memo
By Ryan Lizza – The New Yorker 23 Jan 12
In a piece this week on Barack Obama’s shift from idealism to pragmatism, I describe an important fifty-seven-page document from Lawrence Summers to Preside…
Fed Expects to Keep Interest Rates Near Zero
By Don Lee
The Federal Reserve announces a subdued outlook for growth in the U.S. economy, as well as its intention to keep short-term interest rates near zero through late 2014.
The Federal Reser…
Bernanke Makes Case for More Bond Buying
Photographer: Zhang Yan/Xinhua/eyevine/Redux
By Caroline Salas Gage and Craig Torres
Ben S. Bernanke laid the groundwork for a third round of large-scale asset purchases should unemployment remain h…